Tag Archives: Conservatism

Regressive nationalism will get you nowhere. Individualism has killed the individual, allowing liberal capitalism to absorb the self. The very economic and social woes you fear the most, will only be emboldened by this self inflicted isolation, the west has brought on itself. The abandonment of the internationalist mind, is the abandonment of all politics & social progress. ‘Sovereignty’ is just a synonym for being ruled by a few. We can not preach of mutual aid & cooperation if it does not encompass us all. There is no society but a global one.

The path of the nationalist abandons both empathy for your fellow man and hope for a better world. The path he takes is one that secures his own mutual destruction. He rather scurry as parasite to survive the harsh conditions, than build a world that can withstand any disaster. Their naivety interprets us as idealists, when in reality it is them who are blinded by a false utopia. Their conservatism has deluded their senses, allowing the machinery of the state to harvest them while they whine about a life they never had.

Do not be charmed by the snake oil sales man that sells you fear, hate and points you at your brothers and sisters. His serpent tongue only spits a false narrative, to disguise the fact that he too wishes to be a master, rather than a comrade in arms. These foolish brutes only wish to divide and conquer, It is beyond their comprehension to unite & stand together.

The papers have been ablaze with headlines about the recent exposé of Mossack Fonseca & Co and the 2.6 terabyte file containing 11.5 million leaked documents about the internal operations of one of the world’s leading firms in the incorporation of offshore entities, and which is head-quartered in the Republic of Panama. Dubbed the Panama papers by the media, the data shows that Mossack Fonseca was working/worked with more than 14,000 banks, law firms, corporations and other men in black to set up companies, foundations and trusts for clients who with the company’s expertise profited hugely from off shore accounts and various Tax havens. The files were originally obtained by the German newspaper Süddeutsche Zeitung and then shared with ICIJ (International Consortium of Investigative Journalists) and then leaked to more than 100 media partners.

The core of this investigation contains nearly 40 years of records, and includes information about more than 210,000 companies in 21 offshore jurisdictions. The countries most heavily implemented in the crime were Hong Kong, UK, USA and Switzerland with the British Virgin Islands being the most popular tax haven for clients of Mossack Fonseca to use. As well as corporations such as HSBC, Rothschild Trust and Landsbanki Luxembourg many of the world’s elite were implicated in the data. Dictator and agitator of Syria Bashar al Assad, authoritarian, manipulator Putin as well as Iceland’s Prime Minister Sigmundur David Gunnlaugsson,who has now resigned after leaks exposed his offshore accounts he had set up secretly with Mossack Fonseca.

The British prime minister David Cameron was also exposed in the leaks, with his late farther Ian Cameron being linked to off shore accounts and profiting from a “unit trust” fund; this is where a group of people pool their money (by buying shares, or units) and use it to invest in a variety of companies, to spread out the financial risk. The money from this passed to David Cameron upon his father’s death. The documents also shine a light on Britain’s capitalist relationships, exposing Khalifa bin Zayed Al Nahyan president of the UAE (United Arab Emirates) who up till now had secretly been UK’s biggest offshore landlord with a 1.2 billion property portfolio.

Now it is important to keep things in context by pointing out that under our current political structures, i.e capitalism, off shore accounts are not completely illegal; and instead they often exploit legal loop holes to bypass current laws set up to halt tax avoidance. In fact, the rhetoric from the bourgeois and Cameron’s allies would have you believe that nothing damnable has happened. Herein lies the fundamental problem which makes this much more criminal, and in turn, exposes the deeper rooted sickness embedded at the heart of our society’s ideology that allows such inequality to inherently exist within our economic systems.

These leaks are but a glimpse of the ruling class and no doubt just scratch the surface of the accumulated wealth hoarded by the rich. For those wishing to look at the raw data click here. What is so appalling about the revelations the data shows, and why so many are in an uproar, is due to the utter hypocrisy that is highlighted in the leaks. Although not everyone who uses off shore accounts is automatically a crook; it does seem to appear to be a morally questionable way to profit, especially seeing it was only last year British PM David Cameron took to a stage in Singapore and said “the corrupt, criminals and money launderers” take advantage of anonymous company structures. The government is trying to do something about this. It wants to set up a central register that will reveal the beneficial owners of offshore companies. claiming that UK companies will be forced to reveal their “significant” owners for the first time. which now seems almost laughable seeing when confronted about his affiliation with the data dump Cameron claimed he did not have to disclose the information calling it a “private matter”. Tory MP Alan Duncan yesterday described the non-wealthy as “low achievers” in defence of Cameron in the House of Commons. If it wasn’t so insulting, it would almost be laughable especially from a mostly self- employed oil tycoon millionaire, who back in May 2009 appeared on the satirical BBC programme Have I Got News for You. The programme showed footage of Duncan’s previous appearance on the show in which he boasted about his second home allowance, denied that he should pay any of the money back and stated it was “a great system”.

However finding hypocrites within the political class seems far too easy and at the heart of it, it should be expected from this fall out. The important thing outside of the data that the Panama Papers will inject into society is, that it will dispel this myth that the wealthiest amongst us got their wealth through hard labour that has somehow been adopted by the mainstream. We need only look to the London protests starting and the people of Iceland, who are now calling for their entire government to resign. The only benefit of these scandals are the power they give the left and its various movements, that blossom when economic corruption is exposed.

The following will document the HSBC scandals and crimes that date back as far as 2010-2015. HSBC has not only committed fraud through tax evasion, but also has ties to the controversial unit known as Hezbollah. The bank has been involved in laundering cartel drug money and has direct ties to several political establishments. The bank stands as an icon of austerity in England and something that should be despised.

In 2010, HSBC was cited by its federal regulator, the Office of the Comptroller of the Currency (OCC), for multiple severe Anti Money Laundering (AML) deficiencies, including a failure to monitor $60 trillion in wire transfers and account activity; a backlog of 17,000 un-reviewed account alerts regarding potentially suspicious activity; and a failure to conduct AML due diligence before opening accounts for HSBC affiliates. Subcommittee investigators found that the Office of the Comptroller of the Currency (OCC) had failed to take a single enforcement action against the bank, formal or informal, over the previous six years, despite ample evidence of AML problems. (http://www.hsgac.senate.gov).

These crimes persisted and in 2012 a U.S Senate report that was released, despite it’s embargo time, revealed that HSBC’ was involved in yet another lax anti-money laundering scheme to benefit the wealthy, as well as policies allowing the trafficking of suspected Iranian terrorists’ and cartel drug money. The bank had also violated several rules, exposing the financial systems within the U.S which allowed Cartel affiliates to channel $7 billion into the U.S. between 2007 and 2008, this was directly linked to illegal narcotics sale and criminal enterprise.As well as it’s polices being flawed it seems corruption is also institutionalized, with several reports stating that management and CEO’s are turning a ‘blind eye’ to violations. Forbes magazine said “Furthermore, the investigation showed how the bank’s regulator, the Office of the Comptroller of the Currency (OCC) failed to take a single enforcement action against HSBC despite numerous violations by the international bank. (http://www.forbes.com/) A subcommittee which investigated the bank after the matter wrote a 330-page reportherewhich witnessed high-end employees openly ignore violations.In early February 2015 the media outlet ‘The Guardian’ through an international collaboration with Le Monde, BBC Panorama and the International Consortium of Investigative Journalists, leaked sensitive data revealing mass deception perpetrated by HSBC and linked them to crimes such as fraud & tax evasion as well as deep rooted ties to the British establishment (leak:here). The first part of the leak exposed HSBC and their Swiss branch where:

They Allowed Customers to withdraw large piles of cash, often in foreign currency which customers had no use for in Switzerland implying the money was being laundered or used for criminal activities.

Using aggressive market schemes to allow wealthy customers to avoid European taxes.

To help elite customers by creating “Black Accounts” to hide from domestic tax authorities.

However, as well as various tax dodging schemes, its Swiss Branch was also caught actively helping criminal organizations and human right violators. Since 1988, banks by law are legally obliged to make ‘special’ checks on high risk customers. HSBC however, yet again, turned a blind eye. It was exposed that the bank was providing, and subsequently aiding, some of the worst among us – from notorious Blood diamond smugglers to Kamlesh Pattni one of Kenyans most corrupt criminals and the architect behind the Goldberg scam in which several high ranking Kenyan politicians were involved. This scam has often been referred to as ‘Kenya’s biggest corruption case’. The same branch was also involved in military sales and corrupt transactions.One of the most despicable revelations from the leak were the political ties the bank had. One of the politically exposed clients revealed was Bashar al Assad’s ‘bag man’, Rami Makhlouf, one of the richest men in Syria. Despite being involved in the bloody civil war that has claimed the lives of so many civilians, HSBC allowed Makhlouf to hold $15 million in multiple accounts, despite the man being sanctioned by the U.S back in 2011. However, its not just your garden variety dictator or human trafficker HSBC deals with. The list also includes criminals and warlords half way across the globe. HSBC is heavily tied to political groups within the British establishment- the British Conservative Party and Labour Party, as well as their peers. Some of the names exposed during the leak were Zac Goldsmith, MP for Richmond Park, Ben Goldsmith, automotive heir Georg von Opel, Lord Sterling of Plaistow and Lord Fink, who was a party treasurer under David Cameron. These political figures have donated huge six figure sums within the past two years to HSBC and were able to profit from off shore Swiss accounts.What this highlights is not only the links between the banking system and the establishment, but also the exposure of capitalism itself. We often see these crimes as a “one off thing” yet this is how the machine works and the cogs turn. Deep down, I like to believe that most switched on people understand the inherent flaws this system presents and that we also need to stop brushing these crimes off as “well power corrupts” as its not power that corrupts, but the system itself. The game is rigged, and banks will always win, as they are the foundation of capitalism itself. Those at the top of ‘trickle down economics’ know this and feed off it like the parasites they are. If you think that’s an exaggeration & that the banking sector, although flawed is integral & in no way as corrupt as I claim, you should note that in the time it took for me to write and research this post, HSBC have committed yet another crime (reported by the http://www.hindustantimes.com/ on November the 2nd 2015). Whistle blower HervéFalciani (a French citizen and former employee of HSBC Private Bank in Geneva) stated that millions of crores worth of illicit funds are flowing out of India and that he needed protection as a whistle blower from his government. It is no wonder you have morons deluded by conspiracy theories and Illuminati when cabals like this exist so publicly.This isn’t austerity, its class war…so soldier the fuck up.

I wasn’t going to write a post today. My faith in democracy yet again shattered as the conservative party continue their reign of archaic oppression, through continuously destroying education, and welfare while lining their pockets with big business’s money. For those outside the UK, or simply in the UK and thick as two shits, the conservatives are a political party founded on the principal that business creates society. Think of it as a rampant & decadent monster that spews out inequality everywhere. Over the last few years its been the conservative party that has dragged the British public through some of the worst poverty since Victorian England. They are also a very corporate machine, with MPS tied to the HSBC bank scandals and the overall diabolical capitalist machine.

However, I’d thought I’d at least comment or make a short post here:

I want an act of war against Westminster and its house of traitors. I will be dedicated to exposing the crimes of this establishment & it’s lack of compassion for the British public. It is a sickening fact that you are voted in!

Death to this establishment and its monarchs and fuck the political pundits. Vox populi Britain!